Bloomberg Businessweek

Gene Munster, co-founder of Deepwater Asset Management, delves into the recent talent shifts from Apple to Meta, signaling a new strategy in tech recruitment. He also critiques Meta's metaverse losses and the pivot towards AI-enabled wearables. Jimmy Lee shares insights on market forecasts and discusses the potential for the S&P 500 to hit 7000, while considering implications of Federal Reserve policies. Lastly, Jeanette Neumann reveals how Ulta's strong quarterly sales stem from effective loyalty programs and strategic expansion in suburban markets.

Ali Anderson, CEO of CraftCo., leads a diverse portfolio of craft spirits from Holland, Michigan. In the chat, she explores the impact of weight-loss drugs on alcohol consumption trends, emphasizing the industry's shift toward quality and moderation. Ali discusses how luxury purchases are on the rise and transparency is becoming a key factor in consumer choices. She also highlights CraftCo.'s innovative products and the significance of strong distributor relationships, while redefining what 'craft' means in today’s market.

Stuart Paul, a Bloomberg Economics U.S. and Canada economist, discusses recent ADP data indicating significant job losses and its implications for Fed policy. Scott Sanborn, CEO of LendingClub, shares insights into their unique business model focusing on middle-income customers and home improvement loans. Herman Chan, a Bloomberg Intelligence analyst, provides context on regional banking trends amidst the evolving labor market. Together, they explore the balance between economic downturns and strategic financial initiatives in an uncertain climate.

A new study reveals that nearly 60% of wealthy families anticipate a leadership change within the next decade. This generational shift is reshaping sectors like investing, philanthropy, and technology. With over $124 trillion at stake, family offices are leaning towards alternative investments while also needing to navigate complex operational challenges. The discussion highlights the increasing role of women in philanthropy and the importance of clear communication about wealth to the next generation for smoother transitions.

Biz Carson, a wealth reporter for Bloomberg News, discusses Michael Dell's remarkable $6.25 billion donation aimed at funding child investment accounts. Alan Zafran, co-founder of IEQ Capital, dives into the intriguing world of private credit and raises questions about a potential AI bubble reminiscent of the late '90s. Louise Phillips Forbes, a veteran real estate broker, shares insights on New York City's robust housing market and the implications of a new mayor's policies on affordable housing. The conversation touches on market volatility and the evolving landscape of cryptocurrency.

Jay Chaudhry, the innovative CEO of Zscaler, dives deep into the current landscape of cybersecurity, focusing on the transformative Zero Trust Exchange. He counters concerns over growth with insights on impressive annual recurring revenue and margins. Chaudhry explains how AI is shifting Zscaler's pricing models to traffic-based systems and discusses the company's approach to securing AI interactions. He shares how attackers leverage AI for threats and how Zscaler's defenses aim to obscure attack surfaces, championing a proactive security culture.

Doug Ciocca, CEO of Kavar Capital, discusses market dynamics, highlighting volatility amid high stock values and the implications of Federal Reserve policies. Ed Ludlow analyzes Nvidia's $2 billion investment to boost chip-design efficiency and the tech sector's competitive landscape. Christina Lee addresses rising risks in the private credit market, suggesting caution amid higher leverage. Dana Telsey shares insights on Black Friday performance, noting trends in consumer behavior and the impact of product innovation on retail success.

In this special edition, CEO Dan O'Connell of Front discusses integrating AI into customer service, highlighting the balance between automation and human touch during peak holiday season. Natalie Kotlyar from BDO shares insights on evolving retail strategies like loyalty programs and the significance of omnichannel shopping. Clint Henderson from The Points Guy reveals incredible travel deals for the holidays and forecasts top destinations. Together, they provide a comprehensive look at the intersection of retail, travel, and consumer behavior this Black Friday.

Dr. Ellen Grant, a leading researcher on early brain development from Boston Children's Hospital, discusses groundbreaking fetal imaging techniques to predict and prevent disorders. Dr. Martha Murray highlights her innovative BEAR ACL repair method, which promotes healing through a sponge technique, as well as insights on ACL injury trends. Mike Brown, CEO of Travel + Leisure, talks about modern travel trends and the company's approach to enhancing guest experiences. Christina Stemble, founder of Farm Girl Flowers, reflects on navigating supply chain challenges and adapting to shifting consumer behaviors.

Robert 'Bobby' Leibrock, the new CFO of ACI Worldwide, dives deep into the company's robust payments infrastructure and its transformative cloud-native platform, ACI Kinetic. He highlights ACI's significant growth in the global market and its commitment to serving underbanked regions with real-time payments. Leibrock also discusses the promising yet complex role of stablecoins for cross-border transactions, and shares insights on ACI's strategic partnership with BitPay, focusing on the evolving landscape of digital assets and payment methods.